Wallace Ridge, LA
Full City Profile · Louisiana · Catahoula Parish County
Wallace Ridge, LA
At a Glance
How Wallace Ridge Compares to the U.S. Average
Each bar shows Wallace Ridge's value as a percentage of the national average (100% = U.S. avg)
Is Wallace Ridge a Good Place to Live?
Economy & Jobs
Wallace Ridge residents earn a median household income of $61,136 , which is 19% below the national average of $75,149. Per capita income is $30,012. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 23.9% of residents live below the poverty line. The area is home to 273 business establishments, including 7 restaurants.
Housing & Cost of Living
The median home value in Wallace Ridge is $159,400 , 43% below the national median of $281,900. Zillow estimates the typical home at $120,657. The cost of living index is 88.2 (100 = national average). The median home was built in 1977.
Education
17.5% of adults in Wallace Ridge hold a bachelor's degree or higher (48% below the national average). 95.7% have completed high school. Local schools score 4.6/10 in standardized testing.
Climate & Weather
Wallace Ridge has an average annual temperature of 65°F (18°C). Winters average 47°F in January while summers reach 81°F in July. Annual precipitation totals 59.6 inches.